《大行報告》高盛下調聯想集團(00992.HK)目標價至6元 受疫情影響
高盛發表報告指,聯想集團(00992.HK)2020財年第三季業績表現強勁,純利較市場預估高出13%,但由於新型肺炎疫情持續擴散,相信供應鏈恢復正常將仍需要一段時間,影響到集團2月至4月份出貨量。該行指出,雖然大部分內地企業都陸續在2月復工,但要全部員工回到崗位需時,當中電子製造服務(EMS)對勞動力有較大依賴,工序精細,相信需要更長時間恢復供應。加上聯想於武漢設有廠房,集團60-70%手機生產都來自該廠,佔2018年度收入貢獻約12%,預期今年手機盈利能力將受壓。因此,高盛將聯想2020至2021財年每股盈利預測分別下調14%及6%,並將收入預測下調1%及3%,目標價相應由6.5元下調至6元,維持「買入」評級。
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